Liang Wenfeng's 827 million yuan unrealized profit from Changxin Technology's IPO subscription trended on Weibo's hot search list.
2026.07.27 16:33:20
The news "Liang Wenfeng’s new share subscription for Changxin Technology yields 827 million yuan in paper profit" has landed on Weibo’s trending searches, currently ranking 15th. It is reported that Liang Wenfeng, founder of DeepSeek, participated in Changxin Technology’s IPO subscription through his private fund, with the related products generating an estimated 827 million yuan in unrealized paper profit on the stock’s first trading day. 153 funds under Ningbo Magic Quant and 41 funds under Zhejiang Nine Chapters Asset Management were on Changxin Technology’s IPO inquiry list. Changxin Technology’s share price surged sharply on its first listing day. Based on its allocated shares and first-day trading price, market estimates put the paper profit of Liang Wenfeng’s relevant private fund products at around 827 million yuan. This gain is an unrealized paper profit from fund holdings, not a realized gain for Liang Wenfeng personally.
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